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Rare earths and raw materials for green energies

ID: 689291

(PresseBox) - In the course of the energy transition, wind turbines and electric motors are to work particularly effectively. This is ensured by raw materials.

Wind turbines at sea and also certain types of wind turbines on land operate with generators that are permanent magnets. Rare earth magnets are permanent magnets consisting of ferrous metals and rare earths. The magnets used contain rare earths such as neodymium, dysprosium or terbium, among others. Without rare earths, an energy transition is hardly possible. For example, up to three kilograms are built into an electric car. A wind turbine can contain up to 300 kilograms of the sought-after materials. Europe is very dependent on China for rare earths, which does not necessarily lead to enthusiasm. The mining process is also often not particularly sustainable. Besides China, Brazil and Russia have the largest reserves.

In photovoltaic systems, special metals are also needed to manufacture the solar cell, in addition to steel, concrete, copper and aluminum. Silicon and silver are important components. Lithium-ion batteries are used for energy storage, which means that lithium and cobalt are involved. Cobalt usually comes from the somewhat problematic Congo. Cobalt is also found to some extent in magnets.

Green Shift Commodities - https://www.commodity-tv.com/ondemand/companies/profil/green-shift-commodities-ltd/ - is one of the companies that provide raw materials for the energy transition. The Canadian-based company aims to explore and develop battery raw materials and uranium in South America. The Berlin project in Colombia, for example, contains uranium, rare earths such as vanadium, and nickel and phosphate. Historical mineral resources and positive metallurgical results demonstrate the potential of the deposit.

Rare earths, cobalt, and lithium are held by US Critical Metals - https://www.commodity-tv.com/ondemand/companies/profil/us-critical-metals-corp/ - in its projects. They are located in Nevada, Idaho and Montana.





Current corporate information and press releases from US Critical Metals (- https://www.resource-capital.ch/en/companies/us-critical-metals-corp/ -).

In accordance with ?34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.

Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/.

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Bereitgestellt von Benutzer: PresseBox
Datum: 16.08.2023 - 01:45 Uhr
Sprache: Deutsch
News-ID 689291
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